Market Summary

There are currently
9,742 properties in Chicago, IL that are in some stage of foreclosure (default, auction or bank owned) while the number
of homes listed for sale on RealtyTrac is5,283.

In October, the number of properties that received a foreclosure filing in Chicago, IL was
36% higher
than the previous month and
36% lower
than the same time last year.

Home sales for September 2017 were down 27%
compared with the previous month,
and up 29%
compared with a year ago.
The median sales price of a non-distressed home was $190,000.
The median sales price of a foreclosure home was $115,000,
or 39% lower
than non-distressed home sales.